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    European Business & Economy Headlines
    EU wants co-operation with SEC on rating agencies: report (Reuters)
    Reuters - The European Commission wants to cooperate closely with the U.S. Securities and Exchange Commission (SEC) on the planned regulation of credit rating agencies, the German financial weekly Euro am Sonntag reported. -- read full article
    Sat, 19 Jul 2008 10:00:15 GMT - Yahoo! News: Business - European Economy
    Teva to buy Barr Pharma for more than $7 billion (AP)

    The Barr Pharmaceuticals office in Pomona, New York. Israel's Teva Pharmaceutical Industries Ltd, the world's largest generic drug company, is buying US rival Barr Pharmaceuticals in a 7.46 billion dollar deal.(AFP/File/Don Emmert)AP - Teva Pharmaceutical said Friday it will buy rival generic drugmaker Barr Pharmaceuticals for nearly $7.5 billion in a move that will boost Teva's dominance as the world's biggest generic drugmaker.


    -- read full article
    Fri, 18 Jul 2008 20:06:13 GMT - Yahoo! News: Business - European Economy
    London shares close at day's high (AFP)

    An installation at the London stock exchange. Leading shares closed at a day's high Friday as Wall Street recovered from lows and banks rebounded following an upbeat quarterly report from Citigroup which helped to offset losses in the mining sector.(AFP/File/Ben Stansall)AFP - Leading shares closed at a day's high Friday as Wall Street recovered from lows and banks rebounded following an upbeat quarterly report from Citigroup which helped to offset losses in the mining sector.


    -- read full article
    Fri, 18 Jul 2008 16:15:51 GMT - Yahoo! News: Business - European Economy
    Teva to buy Barr Pharma for more than $7 billion (AP)
    AP - Teva Pharmaceutical said Friday it will buy rival generic drug company Barr Pharmaceuticals for more than $7 billion in a move that will boost Teva's dominance as the world's biggest generic drugmaker. -- read full article
    Fri, 18 Jul 2008 15:23:16 GMT - Yahoo! News: Business - European Economy
    Manpower second-quarter net falls; Europe outlook weak (Reuters)
    Reuters - Employment services company Manpower Inc said on Friday that business was slowing in large Western European markets, including France, its biggest operation, sending its shares down 11 percent. -- read full article
    Fri, 18 Jul 2008 14:19:18 GMT - Yahoo! News: Business - European Economy
    FTSE 100 makes gains (AFP)

    An installation at the London stock exchange. The London stock market gained ground in opening deals after turbulent trade this week, with a gain of 1.74 percent in early morning deals.(AFP/File/Ben Stansall)AFP - The London stock market gained ground in opening deals on Thursday after turbulent trade this week, with a gain of 1.74 percent in early morning deals.


    -- read full article
    Thu, 17 Jul 2008 09:39:11 GMT - Yahoo! News: Business - European Economy
    Slovakia preps isolated Roma for switch to euro (AFP)

    An artist of the Romathan theatre enters a local cultural centre in Saca-Kosice. Slovakia, which adopts the euro in six months, is putting its money where its mouth is with a drive to help its long-neglected gypsy minority with the switch to the official EU currency(AFP/Joe Klamar)AFP - Slovakia, which adopts the euro in six months, is putting its money where its mouth is with a drive to help its long-neglected gypsy minority with the switch to the official EU currency.


    -- read full article
    Thu, 17 Jul 2008 03:49:09 GMT - Yahoo! News: Business - European Economy
    FTSE 100 gains 0.50% at open (AFP)

    An installation at the London stock exchange. The London stock market gained ground in opening deals after turbulent trade this week, with a gain of 0.50 percent to stand at 5,176.60 points.(AFP/File/Ben Stansall)AFP - The London stock market gained ground in opening deals on Thursday after turbulent trade this week, with a gain of 0.50 percent to stand at 5,176.60 points.


    -- read full article
    Thu, 17 Jul 2008 07:46:34 GMT - Yahoo! News: Business - European Economy
    FTSE gains 0.13 percent at open (AFP)

    Traders outside the London stock exchange. The London stock market firmed in opening deals after striking a three-year low point the previous day, with a gain of 0.13 percent to stand at 5,178.60 points.(AFP/File/Shaun Curry)AFP - The London stock market firmed in opening deals on Wednesday, after striking a three-year low point the previous day, with a gain of 0.13 percent to stand at 5,178.60 points.


    -- read full article
    Wed, 16 Jul 2008 07:40:43 GMT - Yahoo! News: Business - European Economy
    London shares lower (AFP)

    Brokers at Barclays stockbrokers in London. The FTSE 100 index was lower, mirroring a general slump across Europe in the wake of more steep losses on Wall Street and in Asia, despite weekend moves by the US government to rescue two mortgage giants.(AFP/File/Odd Andersen)AFP - The FTSE 100 index was lower on Tuesday, mirroring a general slump across Europe in the wake of more steep losses on Wall Street and in Asia, despite weekend moves by the US government to rescue two mortgage giants.


    -- read full article
    Tue, 15 Jul 2008 11:00:10 GMT - Yahoo! News: Business - European Economy
    Asia, Europe stocks drop on credit woes (AP)

    An investor watches stocks fall 4.51 percent to close at 6834.24 at a brokerage in Taipei, Taiwan, Tuesday, July 15, 2008. (AP Photo/Wally Santana)AP - Asian and European stock markets fell sharply Tuesday as investor confidence in the U.S. financial system eroded further despite a government-backed plan to help beleaguered mortgage financiers Fannie Mae and Freddie Mac.


    -- read full article
    Tue, 15 Jul 2008 11:54:51 GMT - Yahoo! News: Business - European Economy
    Eurozone industrial output slumps in May (AFP)

    A giant Euro symbol stands in front of Frankfurt's Eurotower, which houses the European Central Bank. Factories and refineries in the 15 nations sharing the euro ratcheted down their production in May amid growing economic headwinds, according to official EU data.(AFP/File/John Macdougall)AFP - Factories and refineries in the 15 nations sharing the euro ratcheted down production in May at the fastest rate in nearly 16 years amid growing economic headwinds, according to official EU data on Monday.


    -- read full article
    Mon, 14 Jul 2008 10:06:11 GMT - Yahoo! News: Business - European Economy
    European stocks firmer after US mortgage plan (AFP)

    A trader standing in front of an index board at the stock exchange in Frankfurt in March 2008. European stocks are firmer but Asian markets fell as investors digested measures to bolster US mortgage giants Fannie Mae and Freddie Mac amid a raft of major company takeover news.(AFP/DDP/File/Martin Oeser)AFP - European stocks were firmer on Monday but Asian markets fell as investors digested measures to bolster US mortgage giants Fannie Mae and Freddie Mac amid a raft of major company takeover news.


    -- read full article
    Mon, 14 Jul 2008 12:05:02 GMT - Yahoo! News: Business - European Economy
    Kosovo donors pledge 1.2 billion euros: EU (AFP)

    Kosovo Prime Minister Hashim Thaci answers questions during a press conference at the EU headquarters in Brussels. International donors pledged 1.2 billion euros (1.9 billion dollars) Friday to help build Kosovo's battered economy, surpassing their target, but tied their offers to action against corruption.(AFP/Dominique Faget)AFP - International donors have pledged 1.2 billion euros (1.9 billion dollars) to help build Kosovo's battered economy, surpassing their target, the European Commission announced Friday.


    -- read full article
    Fri, 11 Jul 2008 16:13:03 GMT - Yahoo! News: Business - European Economy
    Guyana says Caricom hid details of EU trade deal (AFP)

    Guyana's President, Bharrat Jagdeo, seen here in May, has refused to sign the EPA on July 15 in Barbados, until after country-wide consultations and discussions, expected to start late July, or if Europe decides to impose higher tariffs on Guyanese exports.(AFP/Getty Images/File/Joe Corrigan)AFP - Guyana Thursday said Caribbean Community (Caricom) negotiators allegedly hid details of the Economic Partnership Agreements with the European Union that would put the region at a disadvantage.


    -- read full article
    Fri, 11 Jul 2008 00:24:37 GMT - Yahoo! News: Business - European Economy
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